Another such sector on Bursa Malaysia that has been sailing through the current choppy period is the plastic and packaging makers. :thumbsup: :cash: :cash: :cash: :cash:
Maybank IB Research says in a report that the manufacturing-based exports continue to record robust double-digit growth of 16.1% year-on-year despite external economic headwinds.
In the past, plastics and packaging companies had been under the investors’ radar because of low margins and subdued growth momentum.
But thanks to the weaker ringgit and lower oil prices, the sector ( plastic) has come back to life, especially for the small-to-mid cap stocks.
Counters in this sector have received a lot of attention this week with their share prices spiking to new highs, which in turn pushing up the sector’s price-earnings multiple.
### WATCH OUT MONDAY as LUSTER CORE BUSINESS is PLASTIC $$$ INDUSTRY !.....as plastic counters have FLY HIGH $$$$$ Can't get cheap LUSTER ANYMORE starting MONDAY >> $$$$$$$$$
LUSTER & SONS >> TOMOROW (starting MONDAY ).......PANIC BUY as BOOMING ON PLASTIC COUNTERS lately - Thanks to Cheaper OIL & RM....LUSTER CORE BUSINESS is ABOUT PLASTIC - plastic moulding & things related to plastic industries !! MANY OVERLOOK LUSTER due to overshadowed by Cambodian Gaming - Lottery - 4D & Mining Biz ( which oso giving GOOD $$ RM )...
LUSTER 10 SEN anytime >> WB 6 SEN , WA 5 SEN >> MORE COMINGGG $$$$ TP LUSTER 20 SEN , WB 16 SEN , WA 15 SEN
Luster core business is related to PLASTIC - plastic mould ....many forget this plastic , due to Lauster new venture into GAMING-Lottery-4D in Cambodia , Mining Biz in Terengganu....... PLASTIC counters >> Daibochi RM 2.40 + , T Guan 2.40 + , Bpplas 1.50 >> STEAMINGGG liao $$$ due to cheap OIL & RM....actually oil is the main input in plastic related product... NO MORE CHEAP LUSTER ANYMORE......!!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
sowQ
331 posts
Posted by sowQ > 2015-11-18 11:33 | Report Abuse
third quarter result coming out rught guys..better or worst? sleeping beauty la this stock